Agricultural Development Bank of China

Policy bank in China

For the major commercial bank, see Agricultural Bank of China.

Agricultural Development Bank of China

Native name

| 中国农业发展银行
Company type| Policy bank
Founded| 1994
Headquarters|

Beijing

China

Website| www.adbc.com.cn

The Agricultural Development Bank of China (ADBC) is a policy bank of China under the State Council.[1] The bank was established in 1994 and supports rural infrastructure development.[2]: 209  Its main responsibilities are to raise funds based on national credit in accordance with national laws, regulations and policies, undertake agricultural policy financial services, act as an agent for the allocation of fiscal support funds for agriculture, and serve agriculture and rural economic development.[3]

In 2004, the bank implemented its first bond auction.[4]: 36

## Leadership

[edit]

### Chairmen

[edit]

Name (English) | Name (Chinese) | Tenure begins | Tenure ends | Note

|
|
|
|

Xie Xuezhi [zh] | 解学智 | 24 March 2015 | October 2020 | [5]
Qian Wenhui | 钱文挥 | October 2020 |  | [5]

### Governors

[edit]

Name (English) | Name (Chinese) | Tenure begins | Tenure ends | Note

|
|
|
|

Zhu Yuanliang [zh] | 朱元樑 | October 1994 | April 1998 | [5]
Xie Xuren | 谢旭人 | 6 April 1998 | 2000 | [5]
He Linxiang [zh] | 何林祥 | 23 February 2000 | August 2024 | [5]
Zheng Hui [zh] | 郑晖 | August 2004 | March 2015 | [5]
Zhu Shumin | 祝树民 | 24 March 2015 | December 2017 | [5]
Qian Wenhui | 钱文挥 | December 2017 | 28 October 2020 | [5]
Zhan Dongsheng | 湛东升 | May 2021 |  | [6]

## See also

[edit]

* Banking in China
* List of national development banks

## References

[edit]

1. ^ "ADBC". Policy Banks China. Retrieved July 30, 2021.
2. ^ Lin, Shuanglin (2022). China's Public Finance: Reforms, Challenges, and Options. New York, NY: Cambridge University Press. ISBN 978-1-009-09902-8.
3. ^ "招聘墙】中国农业发展银行云南省分行2018年社会招聘公告_应聘". www.sohu.com. Retrieved 2024-04-04.
4. ^ Chen, Muyang (2024). The Latecomer's Rise: Policy Banks and the Globalization of China's Development Finance. Ithaca and London: Cornell University Press. ISBN 9781501775857. JSTOR 10.7591/jj.6230186.
5. ^ a b c d e f g h 农发行而立之年迎第七任掌门，“三农”专家履新. qq.com (in Chinese). 24 October 2024. Retrieved 27 October 2024.
6. ^ Zeng Qiang (曾蔷); Wang Jinrui (王金瑞) (26 May 2021). 农发行迎新行长 农行副行长湛东升补位. china.com.cn (in Chinese). Retrieved 26 October 2024.曾蔷Category:Articles+containing+Chinese-language+text)&rft.au=Wang+Jinrui+(王金瑞Category:Articles+containing+Chinese-language+text)&rft_id=http://finance.china.com.cn/news/20210526/5581041.shtml&rfr_id=info:sid/en.wikipedia.org:Agricultural+Development+Bank+of+China" class="Z3988">

## External links

[edit]

* Official website

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